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Sensex ends 330 pts higher, Nifty above 10,550; IT, pharma, realty gain

All that happened in the markets today.

SI Reporter  |  New Delhi 

Photo: Shutterstock
Photo: Shutterstock

Nifty top gainer: Nifty Pharma Index Markets Check Index Current Pt. Change % Change   S&P BSE SENSEX 34,413.16 +330.45 +0.97   S&P BSE SENSEX 50 11,026.92 +108.24 +0.99   S&P BSE SENSEX Next 50 34,632.14 +596.51 +1.75   S&P BSE 100 10,958.39 +120.39 +1.11   S&P BSE Bharat 22 Index 3,712.43 +12.53 +0.34 (Source: BSE) Sectoral Trend Sensex heatmap Markets at close   Benchmark indices rose more than 1 per cent on Thursday after seven consecutive sessions of declines, as market heavyweights such as Infosys recovered and as drug maker Cipla gained on solid earnings.   The S&P BSE Sensex ended at 34,413, up nearly 330 points while the broader Nifty50 index settled at 10,576, up around 100 points.   Pharma shares in focus; Cipla, Sun Pharma surge over 5%   Shares of pharmaceutical companies were in focus with the Nifty Pharma index gaining nearly 4% on back of strong rally in Cipla and Cadila Healthcare post their December quarter results.   Among the pharma index, Cipla and Sun Pharmaceutical Industries have rallied more than 5% each, while Cadila Healthcare, Dr Reddy’s Laboratories and Divi’s Laboratories up in the range of 2% to 4% on the National Stock Exchange (NSE). READ MORE

The indices ended higher on Thursday after the market heavyweights such as Infosys gained over 2%. The S&P gained over 500 points to 34634 levels before trimming gains. In broader markets, Nifty50 index hit an intra-day high of 10,637 levels.

The S&P ended at 34,413, up nearly 330 points while the broader Nifty50 index settled at 10,576, up around 100 points.

Among other index stocks, Sun Pharma, Dr. Reddy's, State Bank of India, Axis Bank and HDFC gained between 1.5% to 6.1%. of Cipla surged as much as 6.85% after the country’s fourth-largest drugmaker by revenue reported a 7% jump in quarterly profit on Wednesday.

The day's gains came even as Asian flirted with six-week lows. MSCI’s broadest index of Asia-Pacific outside Japan was little changed as U.S. bond yields crept up towards four-year highs. Among regional indices, Nikkei 225, Straits Times, KOSPI and Hang Seng moved up between 0.4% to 1.2%.

(with Reuters inputs)

First Published: Thu, February 08 2018. 15:31 IST
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Sensex ends 330 pts higher, Nifty above 10,550; IT, pharma, realty gain

All that happened in the markets today.

All that happened in the markets today.
The indices ended higher on Thursday after the market heavyweights such as Infosys gained over 2%. The S&P gained over 500 points to 34634 levels before trimming gains. In broader markets, Nifty50 index hit an intra-day high of 10,637 levels.

The S&P ended at 34,413, up nearly 330 points while the broader Nifty50 index settled at 10,576, up around 100 points.

Among other index stocks, Sun Pharma, Dr. Reddy's, State Bank of India, Axis Bank and HDFC gained between 1.5% to 6.1%. of Cipla surged as much as 6.85% after the country’s fourth-largest drugmaker by revenue reported a 7% jump in quarterly profit on Wednesday.

The day's gains came even as Asian flirted with six-week lows. MSCI’s broadest index of Asia-Pacific outside Japan was little changed as U.S. bond yields crept up towards four-year highs. Among regional indices, Nikkei 225, Straits Times, KOSPI and Hang Seng moved up between 0.4% to 1.2%.

(with Reuters inputs)
image
Business Standard
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Sensex ends 330 pts higher, Nifty above 10,550; IT, pharma, realty gain

All that happened in the markets today.

The indices ended higher on Thursday after the market heavyweights such as Infosys gained over 2%. The S&P gained over 500 points to 34634 levels before trimming gains. In broader markets, Nifty50 index hit an intra-day high of 10,637 levels.

The S&P ended at 34,413, up nearly 330 points while the broader Nifty50 index settled at 10,576, up around 100 points.

Among other index stocks, Sun Pharma, Dr. Reddy's, State Bank of India, Axis Bank and HDFC gained between 1.5% to 6.1%. of Cipla surged as much as 6.85% after the country’s fourth-largest drugmaker by revenue reported a 7% jump in quarterly profit on Wednesday.

The day's gains came even as Asian flirted with six-week lows. MSCI’s broadest index of Asia-Pacific outside Japan was little changed as U.S. bond yields crept up towards four-year highs. Among regional indices, Nikkei 225, Straits Times, KOSPI and Hang Seng moved up between 0.4% to 1.2%.

(with Reuters inputs)

image
Business Standard
177 22